You can set-up your business in Thailand by choosing from any these business entities though most expats choose limited liability company;
- Thai Limited Liability Company
To start a Thai limited liability company there should be minimum 3 shareholders and 1 promoter.
- Thai BOI Company
Companies receiving BOI approval are exempted from the need to have a foreign business license and they are benefited from many tax and non-tax incentives.
- Amity Treaty LLC
Under the Amity Treaty, a business can be 100% foreign owned, meaning all the directors can be foreigners, provided they are US nationals.
- Thai Public Limited Company
A Thai Public Limited Company must have minimum 15 shareholders and 5 directors and half of them must be Thais.
- Branch Office
Multinationals can set-up a branch office in Thailand to accomplish a project, lasting for 5 years. Income derived from its activities is subjected to corporate income tax in Thailand.
- Representative Office
A representative office in Thailand can be 100% foreign owned. However, it cannot get involved into direct sales in the country.
- Regional Operating Headquarter
To have a control over subsidiaries in Asia a foreign company can establish a regional office in Thailand.
- Thailand Foundation
Foreigners can form a Thai private and charitable foundation, eligible to a CIT rate of 1%.
- Thailand Limited Partnership
Thailand Limited Partnership needs one limited partner and one general partner for registration.
If you are looking to open an offshore company in Thailand, contact us and we will guide you through the process. Write to us or give us a call and we will tell let you know about your eligibility. You may be even eligible to own your offshore business 100%.
